Canada’s Whitecap Resources and TORC Oil & Gas to merge in $703m deal
Canadian oil and gas companies Whitecap Resources and TORC Oil & Gas have inked an all-stock merger deal worth nearly CAD 900 million ($703.4 million) to create a light oil weighted producer in Western Canada, valued at $3.12 billion. As part of the deal, Whitecap Resources will assume TORC Oil & Gas’ net debt of […]